Kering will propose a 20 million euros ($22.89 million) signing-on bonus for its new CEO Luca de Meo, adding to an overall ...

Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...

The former Renault chief could receive a signing bonus of €20 million upon joining the luxury group, along with an annual ...

Now that De Meo has been named as CEO of the French owner of Gucci and other luxury brands, “it is not hard to imagine how intriguing he found the Kering opportunity,” Solca said.

Renault appoints Francois Provost as CEO after Luca de Meo’s exit, facing EV pressure, trade risks, and a $10.97B ...

De Meo's move to Kering, whose plans to turn around Gucci have not convinced stock market investors, will mark a dramatic change at the group. Its shares have lost two-thirds of their value over ...

Mr. de Meo, 58, resigned on Sunday from Renault, which he had run since 2020. He also holds stints at Volkswagen, Fiat and Toyota under his belt, but has never worked in the fashion industry before.

The struggling French luxury group is set to name Renault Chief Executive Luca de Meo as CEO, replacing Francois-Henri Pinault, people familiar with the matter said.

The executive, Luca de Meo, 52, recently stepped down as the president of SEAT, a Spanish car brand that has become one of Volkswagen’s best-performing divisions since he took over in 2015.

The board appointment of de Meo, who arrived at Renault in July 2020, is a signal to Nissan’s leadership that the Italian-born CEO has the backing of Renault’s board as well as of the French ...